Thomas H. Kee Jr.: Our ‘overbought’ indicator for U.S. stocks is about to go off

“The strategy we have coupled with this Sentiment Table, appropriately called the Sentiment Table strategy, spends about 68% of its time in cash every year” writes Thomas H for marketwatch.com. This would be a welcome sign for our Sentiment Table and Sentiment Table strategy.Currently, our Sentiment Table is showing 90 in the near-term strong column, and if it gets to 100, it will officially offer an overbought market indicator.This is not completely abnormal, because the alerts that are offered by the Sentiment Table do not happen regularly.